+8.4%
QLD vs TEM
+11.3%
-2.9%
-28.3%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 1y.
| Period | Portfolio | TEM | Excess | Alpha |
|---|---|---|---|---|
| 1D | +6.8% | +11.0% | -4.2% | +4.2% |
| 7D | -1.4% | +7.6% | -9.0% | -3.1% |
| 30D | -19.6% | +19.0% | -38.6% | -22.8% |
| 3M | -14.1% | +62.2% | -76.4% | -25.4% |
| 6M | -13.6% | +69.4% | -83.0% | -26.8% |
| YTD | +12.5% | +43.0% | -30.5% | -4.0% |
| All | +8.4% | +11.3% | -2.9% | +1.4% |
Cumulative growth
Daily Returns
Daily percentage return beside TEM.
Daily Out/Under-Performance
Portfolio return minus TEM return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TEM return. Early observations use the first valid beta; later observations use the trailing beta estimated for each date.
Cumulative Out/Under-Performance
Relative wealth over 1y: compounded portfolio wealth divided by compounded TEM wealth, less one. Both series rebase at the selected span's start.
Cumulative Alpha
Compounded beta-adjusted residual returns apply the first valid beta to early observations, then the trailing beta ending on each date.
Updating return analytics…
1y analysis · Full analysis span regression · 6 months rolling